TechStream

Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • The South African bank that was just named the best-performing bank in the UK.

    A South African-owned bank, Investec Bank (UK), has been named the best-performing bank in the United Kingdom, according to the latest UK Banking League Table released by The Banker, a Financial Times publication. This ranking, which evaluates banks on metrics such as capital adequacy, asset quality, profitability, and liquidity, highlights Investec’s impressive financial health and…

  • “The Rise of Strategic Hiring: How Nigerian Companies Are Prioritizing Skills Over Credentials.

    In today’s evolving Nigerian business landscape, companies are shifting their approach to recruitment by hiring smarter rather than just filling roles. This transformation is driven by a combination of economic pressures, digital transformation, and the growing demand for efficiency and competitiveness. Nigerian employers are now focusing on value-driven hiring strategies that prioritize skill, adaptability, and…

  • Despite the Nigerian government’s increasing support for the tech industry through initiatives, policies, and regulatory reforms, a worrying trend has emerged: a growing number of startups are shutting down. This paradox highlights deep-rooted structural and economic challenges within Nigeria’s tech ecosystem that go beyond government policies. Several startups, once heralded as the future of Africa’s…

  • IMT Enugu Applauded for Advancing Digital Transformation in Insurance Education

    The National Insurance Commission (NAICOM) and the Chartered Insurance Institute of Nigeria (CIIN) have commended the Institute of Management and Technology (IMT), Enugu, for its significant strides in promoting technology-driven insurance education and practice in Nigeria. This commendation was made during a recent visit by top officials of NAICOM and CIIN to IMT, highlighting the…

  • Minister Nnaji Advocates Science and Technology as Pillars for Lasting Peace.

    Nigeria’s Minister of Innovation, Science, and Technology, Chief Uche Geoffrey Nnaji, has emphasized that science and technology are essential tools for achieving global peace and sustainable development. Speaking at the commemoration of the 2024 World Science Day for Peace and Development in Abuja, the Minister said the world must embrace innovation to solve pressing global…

  • “NGX Launches N-Zero to Boost Startup Innovation in Nigeria”

    The Nigerian Exchange Group (NGX Group) has secured significant funding to launch the N-Zero Programme, a groundbreaking initiative aimed at fostering innovation and entrepreneurship within Nigeria’s capital market ecosystem. This funding, sourced from the African Development Bank (AfDB) through the Capital Market Development Trust Fund (CMDTF), marks a strategic move by the NGX Group to…